Casino News: Sheldon Adelson :Macau gambling industrialist

Sheldon Adelson :Macau gambling industrialist

 February 10, 2009, 7:29 am (2 years ago)
Las Vegas gambling industrialist Sheldon Adelson decorated the front page lately with the huge drop in his company's share price and its attendant impact on his personal wealth, dropping his net worth by billions. According to this week’s the Macau Daily Times reports, there was a decline alike in the finances of Macau casino industrialist Dr. Stanley Ho and his firm Sociedade de Jogos de Macau.
According to the newspaper, Ho has lost 89 % of his wealth, now has about eight billion patacas and is ranked at the lowest billionaire in Hong Kong in the American magazine Forbes.

After positioning 5th in the list early last year with 72 billion patacas, Ho’s estate currently corresponds to a humble 19th place amongst the 40 richest men in the city. Top spot on the list goes to Li Ka-Shing, a real estate and telecommunications capitalist.
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 Comments (1)    Back to Top
1. Yasushi Uz
February 18, 2009, 5:37 am (2 years ago)

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